XJO 0.23% 7,999.3 s&p/asx 200

another subprime victim, page-241

  1. red
    1,753 Posts.
    FS et al.

    I presume you're already aware that McHugh is forecasting a 61.8 retracement on the Dow.

    I find it hard to imagine at the moment (nothing new with that one) although with what I've learned from this thread everything seems to suggest that an intermediate term (min 2-3 weeks) low is in....
    - Everything on my watchlist has hit my idea of a bottom, even if they're not crash lows, or has held up and looks bullish.
    - Every chart has big green things the last couple of days.
    - Spi discount a couple of days ago (not huge, but real)
    - Price (Aus banks look cheap to me)
    - If we have any kind of rally bhp will look bullish and I'm thinking head back to 40.

 
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